Adrienne Aguilar, Greeley Office
Thank you for visiting my website! I am ready to assist you with any of your real estate needs. My approach is customized for each client…..my solutions are never “one-size-fits-all”.
Please take some time to look at the information I’ve provided for you as well as view listings and market statistics. Then…give me a call or send me an email if you have any questions, if you need more information about purchasing a home, are ready to visit some homes or to schedule a free home selling consultation.
I look forward to working with you!!
In This Issue:
New construction homes emerging
With the market's latest struggles of low inventory of homes for sale, and the inability to meet the current buyer demands, the industry has taken a serious look at the new construction market. According to US Census data,
most communities within Northern Colorado have experienced steady population growth in 2015, and that trend is expected to continue. With more people moving into the area, local builders have tried keeping up with the pace to accommodate growth projections, and new construction is expected to be a prevalent force in this year's summer buying season. While economists have forecast that smaller homes will be making a big comeback for new home builds, two other interesting trends have emerged as of late. This article,
from the Wall Street Journal, outlines a few unexpected trends for the new construction market -- more bedrooms & bathrooms, and patio spaces versus porch or deck spaces.
7 experiences you shouldn't miss when camping in Colorado!
Camping is always a great summer activity -- especially in Colorado. With the beautiful Rocky Mountain backdrop on the Front Range horizon, the area is just teeming with camping opportunities. But did you know, that in addition to the barbecues, campfires, and smores there are a LOT of other things to check out around Colorado when camping? This great article
from Camp Colorado has 7 great ideas that go along perfect with a weekend camping adventure. Adventures, such as zip lines and whitewater rafting, to visiting national parks, hiking and fishing, Colorado's campgrounds has a lot to offer. Be sure to check out some of these ideas for your next camping adventure!
Northern Colorado Economic Snapshot
Units Listed - Single Family & Attached Dwelling
YTD* Units Sold - Single Family & Attached Dwelling
Source: Ires, LLC | *YTD represents through the month of April
A young boy sat on the crest of a meadow watching a gray feathered hawk float on a spring breeze. Through the strands of brown grass meandered a dark black ant with a bulbous head and stumpy legs.
The ant stopped at the edge of the boy’s tennis shoe and pondered what this thing was. It wasn’t here yesterday when I came this way, the ant thought, or the day before that or the day before that. The ant scurried around the boy’s tennis shoe and wandered off across the meadow.
I’m guessing you’re wondering what this ant story has to do with real estate. Let me explain, because it has everything to do with real estate and, in a way, with life.
Two phrases that get quoted quite often are: “Nothing lasts forever.” “Change is inevitable.” In a more philosophical vein, Heraclitus, the Greek philosopher, said: “You cannot step into the same river twice.”
If you were to stand at the peak of a high meadow and observe Northern Colorado, it would have looked much different twenty or fifty or a hundred years ago. If you were to stand on that same spot twenty or fifty or a hundred years from now, it would not be the same.
The Northern Colorado real estate market has been a concentric process in terms of growth and development. Much like a spider web that begins at a point of origin, over time Northern Colorado spun a web of new neighborhoods, retail and business outlets. Encompassing what were once vacant fields and valleys where ants could roam.
We’re four months into this New Year and this vigorous real estate market. Lack of available housing inventory, for sale and for rent, has dominated the headlines. Sales activity in 2015 across Northern Colorado, for single family homes, is outpacing 2014 through April for each year by about 14% (1,981 vs. 1,738 sold listings). Attached unit sales are up around 12% for the same time periods (434 vs. 387 sold listings).
Northern Colorado single family home inventory increased in April/2015 nearly 11% compared to March/2015 (1,436 vs. 1,295 active listings). That’s characteristic of this time of year as available inventory traditionally rises through spring into late summer. In conjunction with this growing inventory is also a spike in buyer interest.
The traditional thirty-year fixed rate mortgage has settled between 3.625% and 3.875%, depending on the day and lender. Look for that to continue as there are no immediate signs on the horizon that the financial markets will experience any significant ups and downs. In the spring of 2014 that same thirty-year fixed rate mortgage was at 4.33%.
Pent-up and growing demand for housing has resulted in two things across Northern Colorado and the Metro Denver area: rising home values and pockets of new construction.
With all that in mind, we’re back to the ant that discovered its path was blocked by this young boy. The ant deliberated on its predicament and then found a solution. Thus is the history of real estate in our small part of the world, finding solutions to meet the needs of a growing and diverse population.
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